due to higher sell-out to consumers, compared with competitors in the market. Contract Manufacturing Business (CMG) domestic sales fell by c.20% as a result of shrinking domestic spending CMG export
in finished goods to meet higher demand from customers and production of bottle from our bottle manufacturing factory that started in December 2017. 4. Property, plant and equipment Property, plant and
, bancassurance and mutual funds. Operating expenses fell by Baht 498 million or 3.7 percent from lower premises and equipment expenses, and impairment loss of loans and debt securities which declined by Baht 1,187
. Excluding Long Quan Safe Food JSC (LQSF) Vietnam, Export Branded Business sales grew 6% YoY. Total Contract Manufacturing Business (CMG) sales decreased 30% YoY. Year 2019 Sales Revenue The Company and its
lockdown in many countries around the world including Thailand. But the negative impact on domestic consumption, manufacturing and export sectors persisted in this quarter, despite improvement from the
possible; the branch has already been constructed and decorated. In addition, the Company has already test- run the logistics of raw materials and store equipment from Thailand in order to be most ready
. Exports, a key driver of the manufacturing sector, contracted at an accelerated pace compared to the first quarter. Additionally, manufacturing output also continued to falter in the same period. More
electronics and machinery and equipment that can return to expand Meanwhile, motor vehicles and parts contracted less and manufacturing production contracted less due to improved production in almost all
2019 2018 (%) Personnel expenses 6,670 6,676 6,529 (0.1)% 2.2% 19,908 19,662 1.3% Directors’ remuneration 22 54 21 (59.3)% 4.8% 111 101 9.9% Premises and equipment expenses 2,441 3,147 2,254 (22.4)% 8.3
the weakening in the semiconductor industry in 2019 and high capital expenditure in 2018. Generally, capital expenditure for production equipment will follow the increase in sales, particularly in the